Property Overview: 375 Bonaventure Drive W
Key Characteristics & Appeal
This is a well-positioned, modern two-storey home built in 2018, offering a practical and low-maintenance living space. With 1,570 sqft of living area and an attached garage, it sits on a standard 4,661 sqft lot in the Fraipont neighbourhood. Its core appeal lies in its balance: it’s a relatively new build that avoids the premium of a brand-new home, yet is modern enough to sidestep major immediate renovations. The home features a basement, noted as not renovated, presenting a blank canvas for future expansion.
The property’s value is underscored by its strong city-wide rankings. It sits well above the Winnipeg average for living space, assessed value, and notably, year built—placing it in the top 4% of homes citywide for its newness. Within its own street and neighbourhood, it holds a comfortable, above-average position, suggesting it’s a solid performer in a desirable area. This isn’t a standout mansion, but a reliable, contemporary home that offers more space and newer construction than the typical Winnipeg property. It would suit first-time buyers looking for a move-in-ready modern home, or downsizers seeking single-family living without the upkeep of an older property. The unrenovated basement also makes it a fit for buyers with a vision to add personalized value over time.
Frequently Asked Questions
1. How does this home’s value compare to the area?
The home’s assessed value is above average for both the Fraipont neighbourhood and the city overall. On its own street, it’s around the median, indicating it is priced consistently with its immediate peers.
2. What does the “basement, not renovated” condition imply?
It means the basement is unfinished or in a basic, builder-grade state. This is common for a 2018 build and represents both a cost-saving (lower purchase price) and an opportunity to customize the space to your needs in the future.
3. Is the lot size a constraint?
At just under 4,700 sqft, the lot is typical for newer subdivisions. It’s smaller than the city-wide average lot but is actually above average for the Fraipont area, suggesting the neighbourhood has a more compact, community-focused feel.
4. The home sold in early 2025. What can the price range tell me?
The listed sold price range (52.50k ~ 55.50k) is close to its current assessed value (52.30k). This recent sale indicates the market is validating the assessment, providing a clear and current benchmark for its worth.
5. Why is the year built such a standout feature city-wide?
Winnipeg has a large stock of older homes, with a city-wide average build year of 1966. A 2018 build places this home in the top 4% for newness, meaning it likely has modern building codes, energy efficiency, and systems (like HVAC and wiring) with most of their lifespan ahead.